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OKX Pay now supports USDG and starts exclusive interest rate hikes

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2025-11-04 06:44:45
According to official news, OKX Pay now supports USDG on the X Layer network, and at the same time launches an exclusive interest rate hike activity. Users will update the OKX App to V6.143.0 and above, and can get income by purchasing, exchanging or transferring to USDG. The rules of the activity show that the first 10,000 USDG held by users enjoy an annualized income of 10%, and the annualized income of excess sharing is 5%. Interest is calculated daily and distributed weekly, providing users with convenient and stable asset appreciation services.
It is reported that the USDG (Global Dollar) is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and is a single currency stablecoin (SCS) pegged to the US dollar equivalent, following the upcoming stablecoin regulatory framework of the Monetary Authority of Singapore (MAS). Each USDG is backed by reserve assets such as US Treasury bonds and is audited monthly by independent auditor Enrome LLP to ensure the stability of its peg to the US dollar.
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